ED raids 11 premises in Delhi-NCR, Uttarakhand in Global Cyber Fraud case

The Enforcement Directorate (ED) conducted searches across multiple locations, including Delhi and Gurugram, concerning a global cyber fraud case. Investigations under PMLA revealed that fraudsters impersonated law enforcement and tech support, extorting money from victims. The illicit gains, totaling ₹260 Crore in Bitcoins, were laundered through crypto conversions and hawala channels in the UAE.